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CBS
Oct 1, 2012 6:30pm EDT
are concerned that a tax increase of that size could shock the economy and trigger a recession by reducing the cash that taxpayers have to spend. but scott, congress and the president now have a firm price tag on what it costs if they don't reach a budget deal after the election. >> pelley: wyatt, thank you, the u.s. economy is also being hurt by what's happening far beyond washington, all the way across the atlantic. senior business correspondent anthony mason has more on that. >> reporter: in spain this weekend, police clashed with protesters angry over austerity measures the government's been forced to implement. a quarter of the work force in spain can't find jobs and the unemployment rate in the 17-nation euro zone has now hit a record high-- 11.4%. for three straight quarters, the european economy has been shrinking and federal reserve chairman ben bernanke said today america is feeling the impact. >> it has been a problem for the u.s. economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our bigges
CBS
Oct 3, 2012 9:00pm EDT
economy going. >> i'm not fighting to create democratic jobs or republican jobs, i'm trying to create american jobs. >> i will not raise taxes on middle-income americans. >> the debates will matter to some undecided voters. >> the debates could decide the election for either one of us. >> from denver, colorado, here is scott pelley. >> pelley: good evening. we're about to see the one thing we haven't seen in this long campaign for the presidency-- the candidates side by side. it's the first of three debates between the democratic incumbent-- 51-year-old barack obama-- and his republican challenger, 65-year-old mitt romney. it comes 34 days before the election-- though early voting is already under way in many states. the focus tonight is domestic issues, including the economy, still struggling to recover from the great recession. polls show the race is very close nationally, but in swing states that will tip the balance, the president is ahead. so he'll be trying to protect his lead and, for mitt romney, it's an opportunity for a breakout moment. in front of what could be the biggest
CBS
Oct 2, 2012 6:30pm EDT
of the debate tomorrow night beginning at 9:00 eastern time. we got good news today on the economy. overall, auto sales were up 13% last month from a year before. among the u.s. automakers, ford sales were unchanged, g.m.'s were up 1.5%, chrysler reported a 12% increase. there hasn't been enough good news like that on the economy. the recovery, of course, is painfully slow and one of the biggest reasons is the recession in europe. the 27 countries of the european union add up to the world's-largest economy, but they're reporting record unemployment. in spain, unemployment among young people is 50%. mark phillips went to bars low that to see what happens when an economy goes into freefall. >> reporter: spain can be a deceptive place. in the early autumn sunshine and in the markets groaning with foodstuffs it's difficult to tell this is a country with a collapsing economy and unemployment rate of 25% that threatens to take the rest of europe and maybe even the united states economy down with it. but wait until they close up at barcelona's boqueria market and follow the porters out ba
CBS
Oct 1, 2012 6:00pm EDT
nationals park. >> the situation the economy has been in the last few years where construction financing has not been as available, but i'm told by a number of developers it's coming very quickly now in the next few years and with it, by the way, the all-star game. >> reporter: bruce johnson, 9news. >> reporter: regardless of what happens in the neighborhood outside the park tonight is about what happens in the park. will the nats clinch the nl east tonight? let me tell you early tonight they were taking batting practice. they were very loose. i was dabbing on a little makeup and one of the guys walked over and said, you know, for that you lose your man card. i think they're ready to play. lesli, back to you. >> yes, we'll take that man card right over here. thank you very much. we'll see you later, derek. >>> the white house officially confirmed a hacker tried to break into the white house's computer system. that hacker targeted an unclassified area and was blocked not able to remove any data. the white house official who offered this information did so on the condition of staying a? pl
CBS
Oct 3, 2012 7:00pm EDT
undecided voter. >> i think they are talking directly to me. >> wayland's top issue, the economy. >> that's going to be the thing for me. someone that comes forward with a cohesive plan for america and where america fits into that. >> both candidates have spent hours rehearsing for this moment. they'll face each other for 90 minutes. president obama has to avoid any major missteps and explain to voters why unemployment is so high and the economic recovery so slow. >> i think what you'll hear the president do tonight is have a conversation directly with the american people about where we have been over the past four years and what we have to continue to do moving forward to strengthen our economy. >> romney who is trailing in the polls will be looking for a breakout moment. and voters will be looking to hear more details about his plan to lower taxes and the deficit. >> i think that you'll hear a great deal of specifics and most importantly, you'll hear the contrast. the president's reforms haven't done enough to help the economy. >> both campaigns have gone through the motions of
CBS
Oct 1, 2012 7:00pm EDT
back to washington and the construction of nationals park. >> the recession, the economy has been in a situation the last few years where financing, construction financing, has not been as available, but i'm told by a number of developers it's coming very quickly now in the next few years and by the way, with it the all-star game. >> the all-star game could be in washington he says by 2015. >>> back to the game, if the nats clinch tonight, it would be the team's first ever national league east title. matt jablow has the story of one montgomery county man who has been waiting an awfully long time for this day to arrive. >> we always ended up in last place. >> reporter: of all the long suffering fans of professional baseball teams in the washington area few have suffered as long or as deeply as charlie brotman. >> it's difficult to sell a loser. >> reporter: whose takoma park home is a well appointed shrine to the national past time. >> they were the nationals then. it is my life. i love it. >> reporter: as many long time washingtonians can tell you, charlie was the public address announ
CBS
Oct 3, 2012 6:30pm EDT
hopefully we'll be able to tease out what's at stake in this election. but i think the economy is still going to have a lot of bearing on it. overall, though, what i think is going to matter most to people is who do they think is going to be a strong and effective advocate on behalf of their hopes and their dreams? >> pelley: you could get asked any question under the sun at the debates. how do you prepare for that? >> well, the nice thing about having been president is i've been dealing with just about every issue for the last four years. so a lot of preparation for me is just trying to get back into game shape, as they say. hopefully what i'm going to be able to do is just present my case as effectively as i can. but governor romney has shown himself to be a very good debater and we take it very seriously. >> pelley: do you think the debates are make or break for you? >> i think they could decide the election for either one of us. look, we're basically in a tie, the president and i are. he's been president for four years, has outspent me massively in this campaign and yet he's still a
CBS
Oct 4, 2012 4:00am EDT
at the first presidential debate president obama and mitt romney hit each other on the economy, health care and role of government in american's lives. >> the federal government has the capacity to help open up opportunity and create ladders of opportunity and create frame works where the american people can succeed. >> what we're seeing right now in my view a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and it's not working. >> border violence, tensions ratchet up in the middle east as turkey and syria exchange fire in deadly clashes along their shared border. >> season for the ages. miguel cabrera, baseball's first triple crown winner in 45 years. this is the "cbs morning news" for thursday, october 4, good morning. good to be with you. i'm terrell brown. today both president obama and mitt romney return to the campaign trail following last night's debate in denver. as expected the economy dominated their first one on one showdown. romney came out swinging as the candidates argued tax policy, budg
CBS
Oct 4, 2012 6:00am EDT
complex issues. >> reporter: good morning. this debate was so focused on the economy that it took the candidates 45 minutes before they ever mentioned the words health care. but when they did, it was certainly one ever the more memorable exchanges of the night. lively exchanges of the night. at one point mitt romney told the president point blank that if elected, he would repeal his health care law to which the president responded by saying, but we've seen this model work really well in massachusetts. here's part of that exchange. >> i want to take the $716 billion you've cut it and put it back into medicare. by the way, we can include a prescription program. but the idea of cutting $716 billion from medicare to be able to balance the additional cost of obama care is in my opinion a mistake. with regards to young people coming along, i've got proposals to make sure medicare and social security are there for them without any question. >> if you repeal obama care and i have become fond of this term obama care, if you repeal it, what happens is those seniors right away are going to b
CBS
Oct 4, 2012 12:00pm EDT
on the economy and domestic issues last night in denver. tara mergener has more. >> reporter: mitt romney set the debate tone early. >> under the president's policies, middle-income americans have been buried. >> reporter: energetic and aggressive, romney slammed the president's economic record and laid out his own plan. >> there be will no tax cut that adds to the deficit. i want to underline that no tax cut that adds to the deficit. >> reporter: but the president repeatedly insisted that romney is calling for $8 trillion in tax cuts and spending that cannot be paid for without adding to the deficit or burdening more middle-income americans. >> it's math. it's arithmetic. >> reporter: the. also criticized his -- the president also chris sitees the -- criticized hid cal letter without -- his challenger of not providing more. the obama campaign is conceding that the extensive preparation paid off at a time when he needed a lift. many viewers saw a president not at the top of his game. >> he seemed a bit nervous for some reason. almost some questions threw him off and rit romney seem
CBS
Oct 2, 2012 7:00pm EDT
have to react? >> how do they look? how do they seem? >> tomorrow's debate focuses on the economy and the second half will address national concerns. and this is your no bull zone. we are teaming up with our sister paper, u.s.a. today, to bring you the facts in tomorrow night's debate. we will be fact checking what the candidates are saying we'll also have live screenings on our website. and watch 9news at 11:00 for the most comprehensive coverage you'll get. >> if you are not being anowed from all those political signs that use to clog the virginia highways, there's a reason for that. they're not the anymore. lawmakers got rid of the exception with which to allow political signs along fairfax county highways. now no signs, not even political ones, are allowed along public roads. most of them seem to be following the law. >>> too many political signs. you get annoyed. >> it looks like a lot of chaos. >> they can cause sight distance problems, they are not safe, and it's costly to clean them up. >> springfield supervisor says he is hoping that fairfax county can reach an agreement that
CBS
Oct 2, 2012 12:00pm EDT
howard. stay with us. too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ >>> ive i've been comb -- i've been combing through the retailer websites to find you deep discounts and we have the ninja and nutella edition. $99 gets you a day of ninja training. this includes
CBS
Oct 2, 2012 11:00pm EDT
today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ >>> if there's one complaint we've heard quite a bit this political season is the leaders and their potential replacements are playing small ball when our actual challenges as a nation are as big as can be. tonight derek says he may have a solution. >> i would take both d
CBS
Oct 2, 2012 6:00am EDT
. the focus tomorrow night is domestic issues, especially the economy. joining us for a preview this morning is the white house correspondent for "u.s.a. today," channel 9 and "u.s.a. today" are both owned by gannett. we're glad to have you here with us. the debates have been hiked as game changers but even last month the obama advisors were saying they expect mitt romney to get a big boost from the media and in the polls after wednesday night. is that what we should expect to see? >> it's amazing how both sides can fall over each other to say nice things about each other right before the debate. i think the one and only time they'll say anything nice about each other. it's an interesting situation, for mitt romney, this debate is very important. he does need a game change. he's behind. there's time but time is running out so he needs to reverse momentum. for president obama, he needs to keep the momentum going. he wants to keep romney on the defense and that's what he's going to look to accomplish with the debate. >> it's going to be very tough. we're talking about the economy and t
CBS
Oct 2, 2012 5:00am EDT
immigration front and center alongside the economy in tomorrow night's first presidential debate. >>> on happy news, a big win in a different campaign 2012 as the game with the phillies headed into the bottom of the 9th last night and they were on the losing end, nats players and fans learned the braves had lost making washington the national league east champions. 9news now reporter kristin fisher is at nats park with more on reaction. good morning, kristin. >> reporter: good morning, andrea. i tell you what, this place was absolutely electric after fans learned that the nats indeed had clinched this division title. as soon as the game was over, the rush was on to get their hands on this merchandise because this is the first time that the nats -- that any d.c. baseball team has taken us to the playoffs since '33, 79 years. so we've got this t-shirt. let me show you some of the other merchandise being shopped around on the mlb website. commemorative coins, hoodies and the baseball hats but these baseball hats i hear are running low on quantity. so if you want a hat, you better ge
CBS
Oct 1, 2012 5:09pm EDT
today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ >>> d.c. baseball history could be made tonight if the washington nationals can beat the philadelphia phillies. >> that's right. our colleague derek mcginty is live at nationals park with more on where this team has been and where they're hopefully going. d? >> re
CBS
Oct 4, 2012 5:00am EDT
. the candidates really focused on the real important issues. the economy. now, one of the most confusing things though, any time you're talking about the economy, tax cuts, deficits, it can get confusing. one of the most confusing but important exchanges during the debate was a lengthy clash between the two candidates over their competing tax proposals. listen to this. >> governor romney's proposal that he's been promoting for 18 months calls for a $5 trillion tax cut on top of $2 trillion of additional spending for our military. and he is saying that he's going to pay for it by closing loopholes and deductions. the problem is he's been asked over a hundred times how you would close those dee deductions and loop -- deductions and loopholes and hasn't been able to identify them. >> i'm not looking for a $5 trillion tax cut. what i'm saying i want put in place a tax cut that adds to the deficit. no economists can say mit rom if i's tax plan adds $5 trillion when i say i will not add to the tax plan with my plan. >> for 18 months you've been running on this tax plan. now five week
CBS
Oct 4, 2012 7:00am EDT
traded views on the economy and domestic issues and jan crawford is at the site of last night's debate in denver. >> reporter: good morning. all you had to do was look at romney's advisers after the debate last night, their smiles told it all. they knew romney did what he needed to do. here's this morning's "denver post" saying it too. romney may have changed the dynamics of this race. >> under the president's policies middle income americans have been buried. they are being crushed. >> reporter: it was an energized mitt romney taking direct aim at the president's economic policies and offering a different approach. >> we know the path we're taking is not work, it's time for a new path. >> reporter: romney came into the night where most voters thought the president would win. but in 90 minutes he clearly exceeded expectations. a 2-1 margin romney had won. 56% said their opinion of romney changed for the better yet 13% said that about the president. romney was especially effective in criticizing the president's policies. aggressively defended his own proposals. when a president attacked
CBS
Oct 4, 2012 1:35am EDT
class, jobs, economy, and american people. president obama mentioned the middle class and income 18 times and mitt romney's most said word was job and jobs which he mentioned 23 times. american people was the least said word for actually both candidates. president obama with just five and romney with four. >> now, let's talk about twitter. you have a map here of literally what is trending right now across the nation. talk to me about this. >> this is so cool. this is trends map which provides real time updates into what is trending across the country. and you can see the larger words are being talked about more on twitter right now. interestingly enough, interrupted, lair and moderator are some of the most spoke he be worst on twitter. >> and -- spoken words on twitter. >> that is funny. matt thought he didn't do enough to keep the candidates in line and the debate moving forward, and that seems to be a little case here. lair interrupted quite a bit on twitter. what about the facebook page, during the debate, after the de date there was a lot of -- debate there was a lot of discussi
CBS
Oct 2, 2012 7:00am EDT
you too many americans are struggling to find work in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ >>> this comes to us from the discovery channel. it shows what happens when you crash a jet liner on purpose. you see the pilot bailing out before it hits the ground. it's part of a special that airs sunday on
CBS
Oct 2, 2012 4:30am EDT
cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates. >> but supporters say it's only fair to give some people a path to fulfill their dreeps. >> this is a chance -- dreams. >> this is a chance for me to go to the university of maryland. >> reporter: he is a dreamer. >> to become a doctor and give back to society. probably i could be saving your life in the future. >> reporter: his parents brought him to the u.s. at 12. he graduated from kennedy high school, earned straight as at montgomery college, was diagnosed with bone cancer at 18. >> i want to save lives. my life was saved once. >> reporter: he says he could scrape together enough money to afford in state tuition at college park, but he says the out of state tuition charged undocumented immigrants now puts college out of reach. >> the tuition now is about $28,000 at the university o
CBS
Oct 3, 2012 4:00am EDT
including the economy, health care reform and imgrmigration and the clock is ticking. the election is less than five weeks away and the stakes are high. susan mcginnis is in washington. >> reporter: first debates get the most attention of all of them and the first 30 minutes are said to be the most important. president obama needs to hold on to the momentum he's built. mitt romney needs to turn the entire race around with tens of millions of people watching tonight. the stage is built. the cameras are in place. and the candidates are in their final hours of preparation. mitt romney took a break from his rehearsal to grab a burrito bowl at chipotle. president obama visited hoover dam. when we arrive at the university of denver tonight they will face questions about the economy. there will be six segments 15 minutes each and the first three are devoted entirely to the economy. >> i want to repeal obama care and replace it with something that will get the costs under control. >> reporter: how romney will replace the president's hearth plan could be part of the fourth segment which is
CBS
Oct 3, 2012 5:00pm EDT
about the economy tonight. the first three segments will be devoted to that topic. president obama will make his case for another four years to fix the comply and mitt romney will argue it's time for a change. when mitt romney and president obama meet on this stage for their first debate, more than 50 million viewers are expected to tune in. greg wayland is an important member of that audience. he's an undecided voter. >> i think they are talking directly to me. >> wayland's top issue, the economy. >> that's going to be the thing for me. someone that comes forward with a cohesive plan for america and where america fits into that. that's what swings me the other way. >> both candidates spent hours rehearsing for this moment. they'll face off for 90 minutes with the focus on the economy, healthcare, and other national issues. president obama has to avoid any major misstep. and explain to voters why unemployment is so high and the economic recovery so slow. >> what you'll hear the president do tonight is have a conversation directly with the american people about where we have been ov
CBS
Oct 3, 2012 5:00am EDT
budget economy bill. >>> five minutes after 5:00. time for the latest your money report. >> jessica doyle is here with today's headlines. good morning. >> good morning. this is the biggest part of the economy where the white collar jobs are created. dat institute for supply management -- today the stews for supply management releases its index for september. that could provide a hint about friday's big monthly reports that everybody is watching. wall street had a mixed finish yesterday. checking the numbers. the dow stands this morning at 13,482. the nasdaq down by six points and the s&p 500 was up by about a point. ifif our -- if you headed to the auto dealership, you had a lot of company. car buyers stormed the showrooms in september. auto sales hit their highest level in more than four years. people are finally getting rid of the old aging cars and car loans are getting easier to secure. in the meantime don't expect any cheap iphone 5 power adapters. you could buy cheap knockoffs but it turns out the new connector that apple is using on the iphone 5 is much, much harder to fake. you li
CBS
Oct 3, 2012 12:00pm EDT
tonight's debate will focus on the economy, health care and other domestic issues. >> reporter: the stage is set for the first presidential debate. mitt romney trails in many battleground state polls. this is an opportunity to him to gain some ground. >> i think you're going to see the mitt romney that really cares about putting the american people back to work. i think that's the most important goal that the governor has. >> reporter: president obama will be pressing his own plan for the economy. but today he's facing new criticism over something he said during 2007 during his speech of a predominantly black office. he implied the bush administration was with holding recovery money after hurricane katrina based on race. >> what's happening down in new orleans? where's your dollar? >> reporter: all major media outlets covered the speech at the time. >> i'm a little amazed that as you mentioned a widely covered speech, likely by people at your network is somehow caused a kerr fluffle five years later. >> reporter: as many as 50 million could watch the debate, including unemployed americans
CBS
Oct 2, 2012 6:00pm EDT
with a heavy emphasis on the economy and jobs. joe biden spent his day campaigning in north carolina and republican running mate is due to arrive in charlottesville, virginia, tonight. >>> in pennsylvania, a judge has blocked that state's voter id requirement from taking effect by this election day. the judge says he's not quite convinced that every voter would be able to get a valid id in time. republicans who support the new law says it is aimed at keeping people have voting more than once. democrats, however, argue that it's aimed at keeping the elderly and minorities from voting at all. >> wusa9 is your go to station tomorrow night for the debate. 9news is teaming up with u.s.a. today. beginning at 9:00 p.m., u.s.a. today reporters are fact checking what the candidates have to say. you can watch the analysis live at wusa9.com. this morning, u.s.a. today white house correspondent talked with andrea roane about what we can expect and not expect tomorrow night. >> as far as -- i have a hard time believing there's going to be this huge big policy announced in a debate. that
CBS
Oct 4, 2012 6:30pm EDT
call it the economy tax. it's been crushing. >> reporter: campaign aides say he will continue to hit obama hard on the economy and jobs. and will offer more specifics which they've been promising for some time. he is also ramping up spending on television after being outspent by the president more than two to one in swing states ask this morning released a new ad reinforcing his message in the debate. >> who will raise taxes on the middle class? according to an independent, nonpartisan study, barack obama and the liberals will raise taxes on the middle class by $4,000. >> reporter: now, after the debate, his key advisers, romney's key advisers, said they were surprised the president didn't put up more of a fight. one told me they were ready for some of these attacks on bain capital. romney's comment about the 47% of americans who don't pay federal income taxes. those have featured prominently in the president's attack ads. last night, scott, he didn't mention either one. >> pelley: jan, thank you. vice president joe biden also talked about taxes today, and here's he had to say at
CBS
Oct 1, 2012 11:00pm EDT
economy. colorado is a battleground state that went for president obama back in 2008. a new washington post poll gives the president a comfortable 11-point lead in the swing states. the poll also shows 56% of voters think the fort president is going to win this first debate. sunday inlas vegas, he tried to dial back those expectations. >> governor romney, he's a good debater. i'm just okay. >> the president is staying in nevada until wednesday. mr. romney is already in colorado. now, as governor romney and the president are a little sick of all the mework they have to do to get ready, we can tell them who's to blame. chances are it's fred con's fault. gary nurenberg met con in bethesda tonight and got him to at least take some responsibility. gary? >> when kahn was a student at the university of maryland in 1956 this new american citizen thought it will be a good idea to have the presidential candidates appear there together to answer questions from students. hadn't been done before. yes, there were people at the time who said be careful what you wish for. '56 was a rematch, eisenhower
CBS
Oct 3, 2012 7:00am EDT
-- >> his record on the economy and putting people back network that hasn't happened in the last four years. that's the more important debate. voters will be watching this conversation that we have tonight and they are going to ask themselves the question do i want another four years of the status quo that president obama is offering or do i want to set the country on a new course as it relates to job creation, a new course as it relates to the economy. >> sean hannity thinks this video is a bombshell. do you think it is a bombshell and will the romney campaign will use it in television ads? >> well, i think that it was covered in 2007. i think a number of folks will continue to cover it today. how they cover it in that context i think a lot of that is up to individual voters and whether they think it's relevant to the conversation we're having today. we believe as a campaign i think governor romney believes what's most relevant are the president's policies and how they areaffecting people's bottom line. that's a much more relevant debate that we'll focus on. >> if they do not see a new rom
CBS
Oct 3, 2012 6:00am EDT
george's county. the skins call it good for the local economy. >>> as we've been reporting, the occupy protesters are back for this week. they say they're going to, quote, stick to the banks today. they're upset with the banks foreclosing on homes. starting at 8:00 the protesters will be outside the bank of america at 15th street and pennsylvania avenue which is of course across from the white house and the treasury department. this afternoon at the plan on going after several other banks in the area. >>> at 6:05, jessica doyle is here with a special your money report. >> just 82 shopping days left till christmas. but it's one of the most important times of the year for retailers. will it be a good one? >> i know you're not thinking about this stuff yet. you know, the holidays. but the stores certainly are. have you seen them yet? the christmas tree displays? they're already out. maybe that's a sign of the growing optimism for retailers for this upcoming holiday season season. >> reporter: retailers expect more jingle at cash registers this holiday season. the national retail fe
CBS
Oct 2, 2012 5:00pm EDT
case. >> i think the economy is probably a major issue that is on theforefront of most people's minds. i hope that he spells out his stance on it. >> colorado isn't just hosting the first presidential debate, it is a battleground state and more than half the undecided voters here are women. >> concerned about the government's role in social issues. >> it doesn't have a role in making decisions for women. it doesn't have a role in deciding who can marry. it doesn't have a role in these issues that really government should not be concerned about. >> thompson says the national debt that is being left to her daughter is also a women's issue. >> even if you don't support abortion itself, that's not an indicator of whether or not you support women issues. there's a lot more to that. >> thompson both plan to closely watch wednesday night's debate. the romney campaign holds a phone bank for women each week and the obama campaign holds parties and meetings targeting women. in denver, colorado, danielle nottingham, anita, back to you. >> okay, danielle, thank you. this first debate is focused o
CBS
Oct 4, 2012 5:00pm EDT
the economy by giving tax cuts will bring other people into the taxpayer pool also raising revenue. but the math has never been full hi sorted out -- fully sorted out, so we never know where the savings are. >> and we find out how tough that is. now, let's talk about it for a second. accusing the president of cutting $716 billion for medicare. he is running a lot of ads to that effect. it came up last night. let's listen to what romney said. >> at the same time gasoline prices have doubled under the president, electric rates are up, food prices are up. health care costs have gone up by $2,500 a family. middle income families are being crushed. >> okay, so now had it gone up that much because of obama care and the cuts in medicare? >> the health care costs have gone up that much in 2008, a family average plan, employer sponsored plan would have been$1,250. however that's a lower increase than what they planned in the years before. in fact, what the kaiser family foundation, they said well, we have a 4% increase in health care cost. that's pretty good. it used to be 8% to 10%. yes, h
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